News Archives for Print - 2011-02-09

US treasuries bid prices

US treasuries bid prices on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

US suspends visits to Pakistan

The US Administration has suspended official visits of all its high-level delegations to Pakistan scheduled for the next two weeks. A senior official of Ministry of Foreign Affairs told Business Recorder that the Foreign Office had received an inti

Published 09 Feb, 2011 12:00am

US treasuries bid prices

US treasuries bid prices on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Palpa''s protest call uncalled for: Mukhtar

Defence Minister Ahmed Mukhtar has said that Pakistan Air Lines Pilots Association''s (Palpa) call for protest against proposed agreement between Pakistan airline, PIA, and Turkish Airlines on Tuesday was uncalled for and a bid to disturb the schedule of

Published 09 Feb, 2011 12:00am

Currency values in terms of Special Drawing Rights

The International Monetary Fund (IMF), treasuries' department's currency values in terms of Special Drawing Rights (SDR).

Published 09 Feb, 2011 12:00am

Palpa's protest call uncalled for: Mukhtar

Defence Minister Ahmed Mukhtar has said that Pakistan Air Lines Pilots Association's (Palpa) call for protest against proposed agreement between Pakistan airline, PIA, and Turkish Airlines on Tuesday was uncalled for and a bid to disturb the schedule of t

Published 09 Feb, 2011 12:00am

Open market rates of foreign currencies

Open market rates of foreign currencies supplied by the Forex Association of Pakistan on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Palpa's protest call uncalled for: Mukhtar

Defence Minister Ahmed Mukhtar has said that Pakistan Air Lines Pilots Association's (Palpa) call for protest against proposed agreement between Pakistan airline, PIA, and Turkish Airlines on Tuesday was uncalled for and a bid to disturb the schedule of t

Published 09 Feb, 2011 12:00am

London Interbank Offered Rates

London Interbank Offered Rates (LIBOR) on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Delayed shipment of sugar: TCP blacklists supplier, agent

Trading Corporation of Pakistan has blacklisted a pre-qualified international supplier and its local agent after they failed to supply sugar as per the contract. Sources told Business Recorder on Tuesday that TCP has also forfeited the company''s p

Published 09 Feb, 2011 12:00am

Spot dollar rates

Spot Dollar rates from Khadim Ali Shah Bukhari & Co Ltd on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Delayed shipment of sugar: TCP blacklists supplier, agent

Trading Corporation of Pakistan has blacklisted a pre-qualified international supplier and its local agent after they failed to supply sugar as per the contract. Sources told Business Recorder on Tuesday that TCP has also forfeited the company's pe

Published 09 Feb, 2011 12:00am

Money Market Report

Money market report by Khadim Ali Shah Bukhari & Co on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Delayed shipment of sugar: TCP blacklists supplier, agent

Trading Corporation of Pakistan has blacklisted a pre-qualified international supplier and its local agent after they failed to supply sugar as per the contract. Sources told Business Recorder on Tuesday that TCP has also forfeited the company's pe

Published 09 Feb, 2011 12:00am

Banks' rates for currency notes (buying and selling)

The selling/buying rates for currency notes of major currencies issued by National Bank (NBP) here on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Arab unrest: perspectives-II

Blast at a natural gas pipeline that runs through Egypt's north Sinai disrupting flows to Jordan and Israel last Saturday confirmed Israelis' second major fear. Their first major fear is the fear of rejection of the Egypt-Israel Peace Treaty brokered by t

Published 09 Feb, 2011 12:00am

Bill buying rates per unit of currency

Bill Buying Rates per unit of currency -- issued by the Treasury Management Division of the National Bank of Pakistan on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Arab unrest: perspectives-II

Blast at a natural gas pipeline that runs through Egypt's north Sinai disrupting flows to Jordan and Israel last Saturday confirmed Israelis' second major fear. Their first major fear is the fear of rejection of the Egypt-Israel Peace Treaty brokered by t

Published 09 Feb, 2011 12:00am

Interest rates on new foreign currency deposits

Interest rates on new foreign currency deposits issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Kohala hydropower project: Chinese company unwilling to participate in ICB

A Chinese company, China International Water and Electric Corporation (CWE), is reportedly unwilling to participate in international competitive bidding (ICB) for 1100 mw Kohala hydropower project, sources in PPIB told Business Recorder. The Power

Published 09 Feb, 2011 12:00am

Interest rates on old and incremental FCY deposits

Interest rates on old and incremental FCY deposits on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Kohala hydropower project: Chinese company unwilling to participate in ICB

A Chinese company, China International Water and Electric Corporation (CWE), is reportedly unwilling to participate in international competitive bidding (ICB) for 1100 mw Kohala hydropower project, sources in PPIB told Business Recorder. The Power

Published 09 Feb, 2011 12:00am

LIBOR calculating interest on US dollar

London Interbank Offer Rates on for calculating interest on special US dollar on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Kohala hydropower project: Chinese company unwilling to participate in ICB

A Chinese company, China International Water and Electric Corporation (CWE), is reportedly unwilling to participate in international competitive bidding (ICB) for 1100 mw Kohala hydropower project, sources in PPIB told Business Recorder. The Power

Published 09 Feb, 2011 12:00am

Currency notes: exchange rates

Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan (NBP) here on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Roundtable on economy: Zardari contacts parties

President Asif Ali Zardari has called a roundtable conference of all political parties to address the economic challenges being faced by the country, along with important national and international issues. Sources in PPP on Tuesday told Business Record

Published 09 Feb, 2011 12:00am

Conversion for foreign currency deposits

Conversion for foreign currency deposits, DBC/FCBC, special USD bond & profits thereon (excluding FE-25 deposits) on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Roundtable on economy: Zardari contacts parties

President Asif Ali Zardari has called a roundtable conference of all political parties to address the economic challenges being faced by the country, along with important national and international issues. Sources in PPP on Tuesday told Business Record
Published 09 Feb, 2011 12:00am

Exchange rates: buying and selling

Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Roundtable on economy: Zardari contacts parties

President Asif Ali Zardari has called a roundtable conference of all political parties to address the economic challenges being faced by the country, along with important national and international issues. Sources in PPP on Tuesday told Business Record
Published 09 Feb, 2011 12:00am

Barclays bid rates and maximum rates for payment of interest

Barclays bid rates, maximum rates for payment of interest by authorised dealers on deposits (other than those brought under FE Circular No: 45 of 1985) and on deposits (brought under FE Circular No: 45 of 1985) -- issued by the Foreign Exchange Rates Comm
Published 09 Feb, 2011 12:00am

Taxpayers got Rs 5.095 billion back after suo motu notice: FTO

Federal Tax Ombudsman (FTO) Dr Shoaib Suddle has that the taxpayers succeeded in obtaining refunds to the tune of Rs 5.095 billion during 2010 after the FTO took suo motu notice of the cases. Sharing one-year performance of the FTO Office, Dr Shoaib Suddl
Published 09 Feb, 2011 12:00am

State Bank of Pakistan conversion rates

Rates applicable for conversion into rupees of Foreign Currency Deposits, Dollar Bearer Certificates, Foreign Currency Bearer Certificates, Special US Dollar bonds and profits thereon by all banks and also for providing forward cover on foreign currency d
Published 09 Feb, 2011 12:00am

Taxpayers got Rs 5.095 billion back after suo motu notice: FTO

Federal Tax Ombudsman (FTO) Dr Shoaib Suddle has that the taxpayers succeeded in obtaining refunds to the tune of Rs 5.095 billion during 2010 after the FTO took suo motu notice of the cases. Sharing one-year performance of the FTO Office, Dr Shoaib Suddl
Published 09 Feb, 2011 12:00am

Karachi interbank rates

Karachi interbank rates on Tuesday (February 08, 2011).

Published 09 Feb, 2011 12:00am

Taxpayers got Rs 5.095 billion back after suo motu notice: FTO

Federal Tax Ombudsman (FTO) Dr Shoaib Suddle has that the taxpayers succeeded in obtaining refunds to the tune of Rs 5.095 billion during 2010 after the FTO took suo motu notice of the cases. Sharing one-year performance of the FTO Office, Dr Shoaib Suddl
Published 09 Feb, 2011 12:00am

New York cotton

The following were Monday's closing prices of New York cotton in US cents/lb.

Published 09 Feb, 2011 12:00am

US lawmakers threaten Pakistan aid

US lawmakers said Tuesday that they told Pakistani leaders on a visit that Congress would consider cutting aid unless an American accused of murder is freed. Representative Buck McKeon, chair of the House Armed Services Committee, said he mentioned to Pak
Published 09 Feb, 2011 12:00am

New York cotton

The following were Monday's closing prices of New York cotton in US cents/lb.

Published 09 Feb, 2011 12:00am

US lawmakers threaten Pakistan aid

US lawmakers said Tuesday that they told Pakistani leaders on a visit that Congress would consider cutting aid unless an American accused of murder is freed. Representative Buck McKeon, chair of the House Armed Services Committee, said he mentioned to Pak
Published 09 Feb, 2011 12:00am

Aaj TV - Wednesday's schedule

All timings are in PST (Pakistan Standard Time).

Published 09 Feb, 2011 12:00am

US lawmakers threaten Pakistan aid

US lawmakers said Tuesday that they told Pakistani leaders on a visit that Congress would consider cutting aid unless an American accused of murder is freed. Representative Buck McKeon, chair of the House Armed Services Committee, said he mentioned to Pak
Published 09 Feb, 2011 12:00am

Activity at Karachi and Qasim ports

The Karachi Port handled 128,887 tonnes of cargo including 97,179 tonnes of import cargo, 31,708 tonnes of export cargo, 4,735 loaded and empty containers during last 24 hours ended at 0700 hours on Tuesday. The total import cargo of 97,179 tonnes compris
Published 09 Feb, 2011 12:00am

US wheat futures rise on export demand

US wheat futures rose on Monday on a fresh round of export business coupled with forecasts for more frigid crop weather this week in the United States, but prices stayed below last week's 2-1/2-year highs. Corn climbed to a near-31-month top but reversed
Published 09 Feb, 2011 12:00am

Bangladeshi tea prices fall

The average price of Bangladeshi teas fell 3.57 percent to 183.86 taka ($2.58) per kg on poor quality at the weekly auction on Tuesday, brokers said. Nearly 1.29 million kg were sold, leaving a record 38.54 percent of the offer to be taken back into stora
Published 09 Feb, 2011 12:00am

Canadian canola futures lower

ICE Canadian canola futures lower in nearby contracts in afternoon trading on Monday, pressured by lower Chicago soyabean and soyaoil futures, with March drawing additional pressure from May/March spreading, traders said. Deferred canola months finished h
Published 09 Feb, 2011 12:00am

Brazil's soyabean crop may reach 70 million tonnes: Oil World

Brazil's 2011 soyabean crop could rise to a new record of 70 million tonnes because of improving weather and expanded plantings, Hamburg-based oilseeds analysts Oil World said on Tuesday. "Soyabean prospects have brightened, raising the possibility of a r
Published 09 Feb, 2011 12:00am

US Midwest soya bids firm, corn rises on rail

Soyabean spot basis bids were firmer at processors around the US Midwest on Monday while corn bids rose at rail terminals as futures fell and farmers largely delayed sales of both commodities, grain merchants said. Interior bids for each crop have climbed
Published 09 Feb, 2011 12:00am

Russia's tea, coffee sellers see more profits this year

Tea and coffee companies in Russia pin their hopes for profits this year on a growing taste for exclusive varieties, more brewing samovars and possibly lower tariffs. Russians, the world's top tea drinkers, may sip more as economic crisis wanes, Ramaz Cha
Published 09 Feb, 2011 12:00am

Bangladesh to buy 300,000 tonnes of Indian rice

Bangladesh, facing high inflation, is to get 300,000 tonnes of rice from neighbouring India at below international market prices under a diplomatic deal, a Bangladesh foreign ministry statement said on Tuesday. The statement was issued after Bangladesh Fo
Published 09 Feb, 2011 12:00am

Oil cake market rates

Futures continued fall on the forward cottonseed oilcake market on Tuesday in process of trading, dealers said. The March vaida that had closed at Rs 1237.50 opened with a loss of 20 paisa at Rs 1237.30. The May contract which closed at Rs 1319.10 opened
Published 09 Feb, 2011 12:00am

Prices on cotton market tend upward; deal struck at Rs 13,000 on credit

Prices maintained upward trend on the cotton market on Tuesday amid strong demand and persisting rise in the rates, dealers said. Karachi Cotton Association (KCA) official spot rate was unchanged at Rs 11,500, they said. Phutti prices in Sindh and Punjab
Published 09 Feb, 2011 12:00am

Wheat export premiums steady

Wheat export premiums at the US Gulf Coast held steady on Monday despite rising futures values, underpinned by strong demand for wheat from Middle East and North African countries, traders said. US hard red winter wheat is the least expensive hard wheat a
Published 09 Feb, 2011 12:00am

Rates mixed as activity improves on grain market

Trading activity improved on the wholesale gain and seed market on Tuesday as prices moved both ways, dealers said. On the cereal side noong Punjab lost Rs 250 to Rs 10,000, masoor Canada registered at Rs 6800, masoor dal Canada was quoted at Rs 8200.
Published 09 Feb, 2011 12:00am

Prosecutors to seek sex trial for Berlusconi

Italian prosecutors will on Wednesday seek an immediate trial for Prime Minister Silvio Berlusconi, accused of paying for sex with an under-age girl and intervening improperly to have her released from police custody.
Published 09 Feb, 2011 12:00am

WHO confirms swine flu vaccine child narcolepsy concerns

Twelve countries have reported suspected cases of narcolepsy linked to swine flu jabs, the World Health Organisation said on Tuesday as its scientists said the findings warranted more investigation. The WHO said in a statement that such sleep disorders, m
Published 09 Feb, 2011 12:00am

Afghan leader says foreign 'plumbers' can leave

Afghanistan's President Hamid Karzai accused foreign reconstruction and security units on Tuesday of obstructing progress and stability and said they would soon have to leave, just as foreign troops will soon start withdrawing.
Published 09 Feb, 2011 12:00am

Iran in hands of 'hooligans': opposition

Iran's main opposition leaders charged on Tuesday that the Islamic republic was being run by "anti-religion ... hooligans," in a statement on the eve of its 23rd anniversary. The bitter criticism from Mir Hossein Mousavi and Mehdi Karroubi, once seen as p
Published 09 Feb, 2011 12:00am

Suu Kyi's party seeks talks with West on sanctions

Pro-democracy leader Aung San Suu Kyi's party said on Tuesday it supported sanctions on Myanmar but wanted talks with Western nations on whether to modify them, signalling a willingness to discuss a more flexible approach.
Published 09 Feb, 2011 12:00am

Two Koreas extend talks after struggling to agree

North and South Korea struggled to settle differences Tuesday in their first talks since the North's deadly shelling of a South Korean island last November, but agreed to keep talking for a second day.
Published 09 Feb, 2011 12:00am

Italian oil tanker hijacked, diverted towards Somalia

Pirates firing guns and rocket propelled grenades hijacked an Italian oil tanker in the Indian Ocean on Tuesday and diverted the medium-sized vessel towards Somalia, Italian Navy and European Union officials said.
Published 09 Feb, 2011 12:00am

Risk of Armenian, Azeri war on the rise

Escalating violence, a spiralling arms race and a slowdown in peace talks have increased the risk of war between South Caucasus enemies Armenia and Azerbaijan, a leading think tank said on Tuesday. The International Crisis Group (ICG) said in a report tha
Published 09 Feb, 2011 12:00am

Torture common for Iraq prisoners

Suspected Sunni Islamist insurgents and Shia militiamen are routinely tortured or abused by Iraqi security forces to extract confessions early in their detention and interrogation, Iraqi military officials say.
Published 09 Feb, 2011 12:00am

Russia to stop setting clocks back in winter: Medvedev

Russia will from next autumn stop putting its clocks back in winter, President Dmitry Medvedev said on Tuesday, meaning that Moscow will be four hours ahead of Greenwich Mean Time (GMT) all year round. "I have taken a decision to cancel the move to 'winte
Published 09 Feb, 2011 12:00am

Jordan credit rating down

Moody's and Standard & Poor's on Tuesday expressed concern about Jordan's economy and political turmoil, revising the outlook on its foreign and local currency to negative from stable. Moody's lowered the outlook on Jordan's "Ba2" foreign currency governm
Published 09 Feb, 2011 12:00am

US job openings dip

US job openings slipped in December, a government report showed on Tuesday, but a decline in layoffs supported views of a gradual labour market recovery. Job openings, a measure of labour demand, eased 139,000 to a seasonally adjusted 3.1 million, the Lab
Published 09 Feb, 2011 12:00am

US unveils $53bn in high-speed rail plan

The US government will dedicate $53 billion over six years to build new high-speed rail networks and make existing ones faster, Vice President Joe Biden said on Tuesday. The initiative will allow the Department of Transportation to choose corridors for th
Published 09 Feb, 2011 12:00am

ArcelorMittal sees steel rebound after margin squeeze

ArcelorMittal, the world's largest steelmaker, forecast a rebound in demand and prices at the start of 2011, signalling an end to a margin squeeze which hit the global steel industry late last year.
Published 09 Feb, 2011 12:00am

McDonald's rebounds in Europe

McDonald's Corp posted stronger-than-expected global sales at established restaurants as demand in Europe rebounded, coming in far above Wall Street estimates. The results sent McDonald's shares up more than 3 percent in morning trading. "Europe was the c
Published 09 Feb, 2011 12:00am

Iranian firm signs $13 billion rail deal with China

An Iranian state-run company and China have signed a contract of around $13 billion to build a railway network in the Islamic republic, the firm's website said in a statement. The contract to build a railway network extending 5,300 kilometres (3,293 miles
Published 09 Feb, 2011 12:00am

Two hedge fund managers arrested in US

Two hedge fund managers were arrested on insider trading charges on Tuesday, while another portfolio manager and an analyst agreed to plead guilty in connection with the probe, the latest development in a broad investigation of hedge funds' trading activi
Published 09 Feb, 2011 12:00am

Palestinian tycoon launches first private equity fund

A leading Palestinian entrepreneur on Tuesday announced the launch of a $60 million private equity fund to support small and medium sized enterprises (SMEs), the first in the West Bank.
Published 09 Feb, 2011 12:00am

European MPs slam Franco-German 'pact'

Top European Parliament MPs attacked Tuesday a Franco-German drive for closer economic policy co-ordination in the eurozone as an attempt by the two powers to impose their will on the bloc.
Published 09 Feb, 2011 12:00am

UBS reaches profit, consolidates recovery

Swiss bank UBS on Tuesday posted a largely expected annual profit in 2010 for the first time since the financial crisis, with full year net income of 7.2 billion Swiss francs (5.5 billion euros).
Published 09 Feb, 2011 12:00am

End of US controls to boost India military trade: Locke

The United States said Tuesday an end to export restrictions for India's defence and space industries would help ramp up military trade with the South Asian country.
Published 09 Feb, 2011 12:00am

UK slaps extra 800 million sterling tax on banks

Britain saddled banks with an extra 800 million pounds ($1.3 billion) in tax on Tuesday, drawing protest from the industry as talks between bosses and ministers over bonuses and lending come to a head. Finance Minister George Osborne said he hoped the mov
Published 09 Feb, 2011 12:00am

Middle East markets muted as rebound stalls; eyes on Egypt

Middle East markets were mixed on Tuesday as a regional rebound faltered, with little momentum to push stocks higher after they recovered most of their late-January losses that were sparked by unrest in Egypt.
Published 09 Feb, 2011 12:00am

Indian shares at seven-month low

Indian shares dropped 1.5 percent on Tuesday to their lowest close in seven months, as rising borrowing costs and high inflation drove investors to cut their exposure and move elsewhere. Financials led the fall on worries higher interest rates would dampe
Published 09 Feb, 2011 12:00am

Nikkei extends gains

Japan's Nikkei average hit a new nine-month peak on Tuesday, extending gains for a third straight day as investors pile into riskier assets in developed economies on hopes for a steady economic recovery.
Published 09 Feb, 2011 12:00am

Tuesday's midday trade: Wall Street rises modestly

Wall Street rose modestly on Tuesday, led by gains in the consumer discretionary sector after McDonald's posted earnings above Wall Street's estimates. Stocks wavered between small gains and losses as energy shares weakened after China's central bank rais
Published 09 Feb, 2011 12:00am

Dow, S&P at highest levels since June 2008

Merger activity drove the Dow and S&P to two-and-a-half-year highs on Monday in the latest in a series of mileposts that point to more gains ahead. Buying accelerated after the S&P 500 broke through the 1,313 mark, taking the index further into levels tha
Published 09 Feb, 2011 12:00am

Trading hours reduced at Cairo bourse

Egypt's Financial Supervisory Authority has issued new measures to avert deep fluctuations in the stock market when it reopens, including reduced trading hours, MENA state news agency said Tuesday. The trading session at the Egyptian Exchange has been red
Published 09 Feb, 2011 12:00am

Treasuries slip

Nagging worries the Federal Reserve will keep short-term interest rates near zero for too long as inflation and the economy accelerate sent US Treasury prices lower on Monday for a sixth straight session. Treasury debt yields, now at levels reached last s
Published 09 Feb, 2011 12:00am

Most Southeast Asian stocks fall

Most Southeast Asian stock markets fell on Tuesday as investors further cut positions in emerging equities, alarmed by growing inflationary pressures weighing on the region's large-capitalised stocks.
Published 09 Feb, 2011 12:00am

Hong Kong shares tumble

Hong Kong stocks failed to sustain mild opening gains for a second session on Tuesday as property developers and local banks dipped while defensives such as telecoms outperformed. The benchmark Hang Seng fell 0.3 percent to 23,484.3, with losses limited b
Published 09 Feb, 2011 12:00am

Sri Lankan stocks at record peak again

Sri Lanka's share market gained to hit a new all-time closing high on Tuesday on heavy retail buying, while foreign investors were net sellers. The island's main share index touched a new intraday high of 7,416.92 before closing at 0.05 percent or 3.94 po
Published 09 Feb, 2011 12:00am

Seoul shares rise

Seoul shares rose on Monday, supported by financial issues, as investors remained upbeat on the global economy following gains on Wall Street. The Korea Composite Stock Price Index (KOSPI) ended up 0.47 percent at 2,081.74 points.
Published 09 Feb, 2011 12:00am

European shares down

European shares slipped back from 29-month highs on Tuesday, after China increased interest rates again to fight stubbornly high inflation, raising concerns about economic growth. Chemical makers featured on the downside. Givaudan slipped 3.5 percent afte
Published 09 Feb, 2011 12:00am

FTSE jumps on banks, miners

Britain's leading share index jumped higher on Tuesday, ending at levels not seen since May 2008, supported by rallies from banks and miners, and by gains in energy issues following results from BG Group. At the close, the FTSE 100 index was up 40.30 poin
Published 09 Feb, 2011 12:00am

Eonia rate rises, Euribor slips

Investors priced in a sharp rise in the cost of eurozone overnight borrowing on Tuesday after surprisingly low demand for European Central Bank loans looked set to squeeze banking sector liquidity conditions. Banks opted to renew 218 billion euros of the
Published 09 Feb, 2011 12:00am

Euro off two-week low

The euro edged off a two-week low on Tuesday but lacked momentum after a drubbing the previous day when weak German industrial data further dampened expectations for a near-term eurozone rate hike. But with more Asian market players returning from Lunar N
Published 09 Feb, 2011 12:00am

Australian dollar drops in London trade

The Australian dollar fell on Tuesday after a surprise Chinese interest rate rise spurred speculation growth in the world's No 2 economy may slow, while the euro rose against the dollar, boosted by Asian demand. Other major currencies were little affected
Published 09 Feb, 2011 12:00am

Tuesday's midday trade: Dollar, Swiss franc slip

The US dollar and Swiss franc fell across the board on Tuesday, with more losses seen likely, as investors ventured away from safe-haven currencies after tensions in Egypt eased. The euro, on the other hand, recovered broadly, lifted by demand from Asian
Published 09 Feb, 2011 12:00am

Euro flat in New York

The euro ended little changed against the US dollar on Monday after reaching a two-week low, but near-term gains will likely be limited as weak German industrial data fuel doubts of interest rates rising in the eurozone.
Published 09 Feb, 2011 12:00am

Bangladesh's interbank forex, interest rates

Interbank buy/sell rates for the taka against the dollar on Tuesday. 71.15/71.15 (previous 71.15/71.15). Call Money Rates: 4.25-7.25 percent (previous 4.00-7.47 percent).
Published 09 Feb, 2011 12:00am

Australian dollar firms, kiwi lags

The Australian held near nine-month highs on the yen on Tuesday and edged up on the US dollar as investors took faith in surging metal prices and rising Australian bond yields. The Australian dollar held firm at 83.48 yen, having hit a peak of 83.71 on Mo
Published 09 Feb, 2011 12:00am

Swiss franc dips versus euro

The Swiss franc dipped against the euro on Tuesday, following a remark by a member of the European Central Bank's governing council saying the ECB could raise rates to tame inflation before ending its liquidity support.
Published 09 Feb, 2011 12:00am

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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